2032 Brisbane Olympics: US$2.25 billion funding confirmed for Games venues
Queensland taxpayers and private finance will provide the balance of the money for the 17 new and upgraded venues for the Summer Games under the funding deal announced by state and federal governments on Thursday.
'The Sydney 2000 Games left an incredible legacy and many Australians have memories that have lasted for decades,' Federal Infrastructure Minister Catherine King said in a statement.
'We are ready to deliver a Brisbane 2032 Games that will leave the same incredible legacy for Queensland.
The cost of Brisbane's venues will be shared by the national and state governments. Photo: Reuters
'The Australian government's commitment of A$3.4 billion towards the Games venues is the single largest contribution any Australian government has made towards sporting infrastructure in this country.'
Brisbane was awarded hosting rights for the Games in 2021 but political wrangling over the venues meant the final plans were not decided until March this year.
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